Natural Gas: False Reversal Could Trigger Bearish Pressure

From Investing.com: 2025-04-29 03:39:00

Natural gas futures signal a probable reversal, offering a chance to load shorts despite negative fundamentals. Demand for summer cooling remains low. Prices attempt to stay above 200 DMA at $3.263, facing resistance at 20-day EMA at $3.435. Bearish pressure persists with a long-term downward trend.

Trump’s policies cause a supply crunch, leading to higher production costs. Gas demand stays low in spring compared to previous years. Cooling demand may be delayed to summer, affecting natural gas prices. Technical levels suggest potential upward movement with resistance at $3.380 and support at $3.263.

Reader discretion is advised when taking positions in natural gas futures. Market volatility expected at lower levels. Trend likely to remain bearish under Trump 2.0. Economic impact of policy changes uncertain. Take caution when making trading decisions based on this analysis.



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